Author Archive

• Get Re-educated!
  The Fly, The Fly | January 14th, 2010 at 10:02 am

  

  If you live in America and are without proper employment, it may be time to get on the Government dole and check yourself into a “re-education program,” courtesy of the Government. When times are tough, people like to go back to school, in order to find another skill  or waste some time doing dick. Nevertheless, with 10% unemployment and the job landscape rapidly changing, dumb fuckers from the Midwest, as well as other parts of the U.S., need to get their learn on.

  read more...

• Racing to the Sun
  The Fly, The Fly | January 11th, 2010 at 7:45 am

  

  In early 2009 I started going long stocks at the height of the credit crisis, give or take a week or two (some of you are just so sensitive). Do you remember what stocks I started buying?

  Survey says:

  GUNS!

  read more...

• Get Green and Do it Now
  The Fly, The Fly | January 9th, 2010 at 1:57 pm

  

  Let’s talk about Sociedad Quimica y Minera (ADR) (SQM: 43.25 +2.54%) .

  read more...

• Still All In
  The Fly, The Fly | January 6th, 2010 at 2:20 pm

  

  As you know, about 1 month ago, I announced that I was going “all in,” in an effort to forget about risk and bask in the glory that is the stock market. Since then, I am delighted to report, I have done quite well. As a matter of fact, my returns have been nothing less than stellar. Despite an affinity for “fad stocks” and “small winners,” “The Fly” has really throw the old wooden javelin through the old eye socket a couple dozen times since then, with wins in Sears Holdings Corporation (SHLD: 88.88 +1.93%) , Green Mountain Coffee Roasters Inc. (GMCR: 82.985 +0.25%) , Ctrip.com International, Ltd. (ADR) (CTRP: 74.30 -2.94%) etc. I will not bore you with the details.

  read more...

• GET IN THE VICE!
  The Fly, The Fly | January 4th, 2010 at 1:29 pm

  

  Everyone with a series 7 east of the Marshall Islands has been looking for a pullback; because, well, they’re just looking for it. There is no specific near term catalyst that will stall the rally, short of the dollar rising for a few days. People just love to hate this market. As a result, they get the black flag planted in their red ink.

  read more...

• Invest Within Parameters
  The Fly, The Fly | January 4th, 2010 at 7:35 am

  

  Instead of offering cogent stock advice this evening, I will outline a time tested strategy that will insure market diversification and trading discipline, with regards to adding to or reducing positions.

  read more...

• Dumb Money Made Smart Profits
  The Fly, The Fly | December 30th, 2009 at 1:05 pm

  

  Throughout 2009, people without market savvy made fortunes, getting long names, without thinking about the downside. The bravest money is always the newest.

  read more...

• Shorts Roasting at 192 Degrees
  The Fly, The Fly | December 29th, 2009 at 11:52 am

  

  It is true: Yesterday, I sold out of 90% of my Green Mountain Coffee Roasters Inc. (GMCR: 78.62 +1.24%) position. However, that does not preclude me from participating in today’s spike, quite the contrary.

  read more...

• Playing the Short Squeeze
  The Fly, The Fly | December 24th, 2009 at 7:18 am

  

  Often times when a stock has a giant short position there is something wrong with the company. For the most part, professional short sellers are very intelligent and are extraordinarily detailed in their reasoning behind their downside bets. In downward trending markets, I like to sell short stocks with a large percentage of shares sold short— for the “pile on” effect. Typically, those stocks are easy to break, because people think something is wrong with them. It’s all about perception.

  read more...

• BEHOLD: The 15 Year Fad
  The Fly, The Fly | December 23rd, 2009 at 7:28 am

  

  Jake and I are having a little debate about stocks, in the previous thread. While he may be correct about the ultimate destiny of Green Mountain Coffee Roasters Inc. (GMCR: 70.32 +2.21%) ; it is silly to single out any stock as a “fad.”

  read more...

• Go Get Yourself Some Steel, Baby
  The Fly, The Fly | December 22nd, 2009 at 7:58 am

  

  Steel just eclipsed the magical $600 per tonne mark, pressing Goldman to upgrade United States Steel Corporation (X: 52.35 +6.34%) today.

  read more...

• Year End Robot Walk
  The Fly, The Fly | December 21st, 2009 at 2:55 pm

  

  There will be no surprises. You will not get a break down in the indices before the New Year. Managers will defend their positions with great vigor, using the retirement money of firemen and garbageman to fund said activities.

  read more...

• Coffee Cannot Be Defeated
  The Fly, The Fly | December 19th, 2009 at 12:02 pm

  

  For the record, I think gold has bottomed, for now. And, I believe, emphatically, my chances of making “fuck you Santa Claus, I have my own sled” type of money in Green Mountain Coffee Roasters Inc. (GMCR: 69.25 +2.56%) has increased exponentially, based upon retail channel checks that indicate “robustness.”

  read more...

• Market Update For You Homeschoolers
  The Fly, The Fly | December 15th, 2009 at 7:30 am

  

  The banks are not good investments, mainly because they are impaired. Some of them do better than others. However, for the most part, in recent months, they have been a waste of time. With that being said, thanks to a variety of reasons, there is a distinct chance they will explode to the upside shortly, fueled by people who are leaning the wrong way.

  read more...

• Still Range-Bound on the SPX
  The Fly, The Fly | December 11th, 2009 at 1:05 pm

  

  Look like another doji day which means more chopping and neutral intra-day movement within a larger neutral range.

  read more...